- Donald Trump and Chris Christie defend the CFTC's exclusive authority over prediction markets while acknowledging states must handle gambling products.
- President Trump and the administration address allegations of financial interests, propose prohibitions on wagering on sensitive government actions, and advocate for exclusive federal jurisdiction over prediction markets.
- The Commodity Futures Trading Commission is considering its first regulations for prediction markets, introducing integrity measures due to insider trading risks, with arrests involving specific data sources.
- Polymarket and Kalshi began hosting prediction markets specifically designed for institutional trading.
Prediction Market Platforms Seek CFTC Approval for Margin Trading
What happened
Kalshi, a prediction market platform, has filed with the Commodity Futures Trading Commission (CFTC) seeking federal approval to allow some users to utilize borrowed funds on event contracts. The company’s internal clearing house, Kalshi Klear, is proposing this move. This push is intended to attract institutional users by offering a more traditional derivatives framework than the current 'fund the maximum possible loss' model.
From theepochtimes.com
Why it matters
The proposal involves moving eligible event contracts toward a capital-against-measured-risk model, similar to those found in broader financial markets like stocks and bonds. This move is viewed as a way to introduce greater institutional liquidity into longer-dated prediction markets.
From theepochtimes.com
Who's involved
- PolymarketOnline prediction solicitation and aggregation engine operating in the market
Keep exploring
The entities involved
-
Polymarket
online prediction solicitation and aggregation engine